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The natural gas consumption in Ukraine is different during the year due to seasonal fluctuations. The demand of Q1 of 2020 was covered by:
· imported natural gas
· natural gas of own production and
· natural gas from the gas storage facilities
In Q1 of 2020, the imported natural gas and the natural gas of own production covered 75% of gross consumption, when in Q1 of 2019 it was 55%.
At the same time, the analysis of the last years depict the decrease of the general consumption of gas in Ukraine.
According to the regular Reports of the Ministry of energy of Ukraine as to the state of development of the fuel and energy complex of Ukraine:
· in January-March 2020, the gas consumption decreased by 8.3% in comparison with the same period of 2019
· in 2019, the gas consumption decrease by 7.3% in comparison with 2018.
The main reasons for decrease of the gas consumption are:
· decline of industry production
· warm weather
Furthermore, COVID-19 pandemic has had the significant impact on gas consumption. According to the analysis of the International Energy Agency (IEA) regarding influence of COVID-19 on the gas market 2020, the expected fall of gas consumption in 2020 is 4%.
Gas production
12 UKRAINE Country Report August 2020 www.intellinews.com